We are pleased to announce an extension of its existing contract with Regis Resources Limited for the provision of underground mining services at the Duketon Operations in the Goldfields region of Western Australia.

The initial alliance agreement, announced on 2 April 2024, had a term of three years and a mechanism to extend by a further 12-month period on a rolling basis. The latest contract extension will see Barminco deliver services at Duketon until at least 30 March 2029, building on the strong operating and safety performance delivered under the alliance agreement.

Additional contract value:                 Approximately A$180 million.

Additional contract term:                  12 months (extended until 30 March 2029).

Services:                                              Underground development, production and support services.

Capital requirement:                          No new growth capital required.

Mark Norwell, Managing Director & Chief Executive Officer of Perenti, said: “This extension reflects the strength of our long‑standing relationship with Regis and the consistent performance delivered by our team at Duketon. We value the collaborative approach between our organisations and look forward to continuing to work together to deliver safe and productive outcomes.

Gabrielle Iwanow, President of Contract Mining, said: “I’m pleased that Regis and Barminco have agreed to extend the alliance at the Duketon Operations. We have a strong working relationship with Regis and the alliance framework provides ongoing planning certainty for both parties, enabling us to continue delivering safe, reliable production. Barminco remains committed to working closely with our clients, both locally and globally, to create long‑term value.”

Read ASX announcement in our Investor Centre.